In addition to the objective dimension, welfare also has a subjective dimension, linked to the perception of one’s existential condition, to the satisfaction / dissatisfaction with their lives and future prospects of the judgment. This will be discussed in a Workshop October 21, 2014 (9.00-13.00), in U6, Aula Magna.

The paper “The Labor Market in the Art Sector of Baroque Rome”, by Federico Etro, Silvia Marchesi and Laura Pagani, has been awarded, last 12 September 2014, with the “Ezio Tarantelli” prize, as the best paper presented in Rome at the XXVIII AIEL Conference.
The AIEL executive board feels that the paper is highly deserving of the Tarantelli Prize first of all for the original idea of analyzing the art market for the purpose of testing a competitive mechanism in a labour market characterized by highly skilled workers producing highly differentiated goods. Moreover, the study uses an original dataset whose characteristics allow a deep analysis of painters’ labour market and it makes a skilful utilisation of the econometric techniques. The paper shows how historical labour markets in creative contexts can bring interesting results for contemporary reserach in economics.